Global nucleotides market is anticipated to witness significant growth on account of rapid innovation in biomedical research and increasing occurrence of chronic diseases including cancer. Nucleotides are organic molecules which serve as subunits or monomers of DNA and RNA. Single nucleotide polymorphism (SNP) genotyping is a study of genetic differences in living organisms; the technique is widely used to discern variations in the DNA sequence. Rising healthcare spending by both public and private sector organizations coupled with supporting government norms are expected to drive the market in coming seven years. Increasing number of collaborations between biotechnology firms, academic institutions and pharmaceutical companies for manufacturing of nucleotide based medicines coupled with increasing contract based research activities is anticipated to provide significant growth opportunity over the forecast period.
http://www.grandviewresearch.com/industry-analysis/nucleotides-market
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